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| 01.09.07 HAPPY CALA Firm demand for offices, which led to the construction starting on a further phase of Cala Properties' Almondvale Business Park, has shortened the development process for further building there. Cala plans to expand the park by a further 15,613 sq.metres (168,000 sq.ft.) in four buildings in the centre of Livingston, where a 46,468 sq.metres (500,000 sq.ft.) retail expansion is planned. The town centre location is a definite advantage in the current office market where out-of-town locations have been slow in the past few years. Cala is also jointly developing the New Houston Business Park with Business Homes (BH) in Livingston. BH said that before construction, contracts were exchanged on 4 of the planned 10 buildings Brian Robinson of BH said that the initial success means it will start on all 10 buildings. As is usual with BH, the offices are for sale at £1,721 a sq. metre (£160 a sq. ft.) or for rent at £172.60 a sq. metre (£16 a sq.ft.). |
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